(= a red wine from the Bordeaux region, or a similar wine from elsewhere) is pronounced /klar-әt/. It’s an English word that was borrowed from French and anglicized in Middle English. Some people today mistakenly give it a Frenchified pronunciation (/kla-ret/ or, worse, /kla-ray/). Cf. Meritage.

An asterisk (✳) precedes words and phrases that are invariably inferior forms.
Garner’s Modern American Usage, Bryan A. Garner